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Executive Tans
4800 Wadsworth Blvd., # 100
Wheat Ridge, CO 80033
800#: (877) 393-2826
Tel: (303) 403-1000
Fax: (303) 403-9109
E-Mail: [email protected]
Web Site: www.executivetans.com
Contact: Mr. Wayne Smeal, President
Indoor tanning salons along with related products and services.
Franchisor Background
| Established: |
1991; |
First Franchise: |
1995 |
| Franchise Units: |
25 |
| Company-Owned Units: |
1 |
| Total Units: |
26 |
Distribution:
U.S. -- 26;
Canada -- 0;
International -- 0
> North America -- Operations in 1 State
> States/Provinces with Greatest Density: 26 in CO
|
| Projected New Units Over Next 12 months: 10 |
| Franchisee Qualifications: 3, 3, 3, 4, 3, 3
(for an explanation
click here) |
| Registered in Following Registration States: IL,FL,WI |
| Average Number of Employees: 2 FT, 3 PT (FT = Full Time, PT = Part Time) |
| Space Needs: 1,500-6,000 SF; SC
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$40-60K |
|
| Total Investment: |
$130-150K; |
|
Average Total Investment: |
$140K |
|
| Minimum Net Worth: |
$175K |
|
| Fees: |
Franchise: |
$15K; |
Average Franchise Fee: |
$15K |
|
Royalty: |
$795-1,895/Mo |
|
Advertising: |
$315/Mo |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
3/3 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
Yes/5 |
| Sub-Franchising Contracts: |
Yes |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
No |
| Size Of Corporate Staff: |
4 |
| On-Going Support: |
B,C,d,E,G,h,I
(for an explanation click
here) |
| Training: |
1 Week at Corporate Offices; 1 Week on Location. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
No |
| Overseas: |
No |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.